Arizona
Barclay Group Building 239K-SF Peoria Warehouse Project
Barclay Group is developing a 239,000-square-foot warehouse venture within the 320-acre Vistancia master-planned community. The Phoenix Business Journal reports Vistancia… Read more
ASU Investing $100M in Arena Upgrade
Arizona State University is embarking on a multi-year, multiphase renovation of Desert Financial Arena, home of the Sun Devils’ men’s… Read more
$50M Entertainment Venue Set for Laveen
Diversified Partners has announced plans for Williams Station, a new entertainment-anchored development coming to the northeast corner of Loop 202… Read more
Aldi’s Greenlit for 549K-SF Goodyear Distribution Center
With 15 stores in the Phoenix metro area, Aldi’s discount grocery company needs to find space. Aldi’s plans for a… Read more
Core Spaces, Wexford Building 818-Unit ASU Student Housing Venture
Core Spaces, in partnership with Wexford Developments, broke ground on Hub on Campus Tempe. This 30-story mixed-use development will bring… Read more
Ryan-Led Team Delivers 432K-SF Chandler Business Park
Ryan Companies together with Principal Asset Management completed Queens Crossing at Chandler Airpark, a business park comprised of three buildings… Read more
Investor Inks $73.25M Refi for Chandler Retail Center Portfolio
JLL Capital Markets arranged $73.25 million in permanent financing for the Chandler Shopping Center Portfolio, consisting of two shopping centers in… Read more
Avondale’s The BLVD Moving to Next Phase
The City of Avondale has selected Blueprints Capital and Whitten Development to develop entertainment, retail and restaurant attractions on a… Read more
Fitness, Apartment Venture Slated for PV
Life Time Living and Keebeck Real Estate are partnering on an upscale, lifestyle multifamily residence in Paradise Valley. The 11-story… Read more
BlackRock-Led Consortium to Acquire Aligned Data Centers
A BlackRock-led consortium known as the Artificial Intelligence Infrastructure Partnership (AIP) said Wednesday it would acquire 100% of the equity… Read more
Northmarq Arranges Financing for Casa Grande BTR Sale
Northmarq’s Phoenix Multifamily Investment Sales team has arranged the $30 million sale of Solana Place at Carlton Commons, a newly built 113-unit… Read more
Creation Finds Tenant Before Glendale Warehouse Construction Begins
Creation and QuarterMoore broke ground on Harbor Park, a two-building industrial complex spanning 9.69 acres in Glendale, which is already 67%… Read more
29th Street Buys Vintage Phoenix Apartments
Urban 148, a garden-style apartment complex located at 1609 W. Glendale Ave. in North Central Phoenix, has sold for $24.1… Read more
Phoenix Industrial, Office, Retail Absorption Rates On a Roll
CBRE has released its Q3 industrial, office and retail figures for Phoenix. For the industrial market, net absorption reached 6.4… Read more
ViaWest, Barings to Redevelop N. Phoenix Industrial Park
A joint venture between ViaWest and Barings has acquired Deer Valley Innovation Park with plans to redevelop the property into… Read more
U.S. Apartment Rent Growth Turns Negative for September
U.S. multifamily advertised rents fell $6 to an average of $1,750 in September in the worst one-month drop since November… Read more
Trammell Crow Starts Work on 1M-SF Phoenix Industrial Park
Trammell Crow Company (TCC) broke ground on West 101 Logistics Center, a five-building, 1,088,747-square-foot industrial development in Phoenix. The speculative… Read more
Dick’s House of Sport To Open in Glendale
DICK’S Sporting Goods will host a grand opening celebration on October 17 for its new House of Sport store in… Read more
TruAmerica Purchases 180-Unit Chandler Rental Asset
TruAmerica recently paid $40.1 million for a 180-unit apartment complex in Chandler, Arizona. Univest was the buyer. Newmark’s Chris Canter,… Read more